PFC registers 24per cent growth in consolidated profit

Power Finance Corporation Limited (PFC) has recorded a consolidated total income of Rs 192.15billion for the quarter ended December 2021, an increase of 4.2 per cent from Rs 184.42 billionrecorded in the same quarter of previous year.

The company’s net profit has increased by 23.5per cent to Rs 48.94billion in the quarter ended December 2021 from Rs 39.63 billion during quarter ended December 2020. PFC has been awarded the Institute of Chartered Accountants of India (ICAI) silver award for excellence in financial reporting for the financial year 2020-21 in public sector entitiescategory.

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